PRIMECAP Management acquired 33.6M Flex Ltd shares worth $1.85B. That's 1.35% of their equity portfolio (21st largest holding). The investor owns 9.21% of the outstanding Flex Ltd stock. The first Flex Ltd trade was made in Q1 2013. Since then PRIMECAP Management bought shares nineteen more times and sold shares on 30 occasions. The stake costed the investor $295M, netting the investor a gain of 529% so far.
Brevan Howard Broadens Horizons with Tekmerion Macro Hedge Fund Integration (BNN Bloomberg) Not Nvidia Or Meta: Hedge Fund Titan Bill Ackman Sees Lucrative O...